Irsay buys Ringo Starr’s drum set for $1.75 million
The Indianapolis Colts owner previously purchased guitars from The Beatles' other three members—Paul McCartney, the late George Harrison and the late John Lennon.
Sports Business
Articles
Throng of international visitors could boost spending at racing confab
The Performance Racing Industry Show has grown into one of the biggest international draws of any trade show or convention held in Indianapolis.
Purdue AD expects changes after dismal football season
Purdue athletic director Morgan Burke called the football program the “lynchpin” of the athletic department’s finances, and the number of empty seats at Ross-Ade Stadium has been causing consternation.
Kobe Bryant’s retirement creates windfall for Indy merchandising company
MainGate Inc. has been hired to design, manufacture and sell a wide range of merchandise through wholesale and Internet channels for Kobe Inc.
Pacers owner Herb Simon expanding his sports empire
Herb Simon, who earned his spot on the Forbes 400 list as part of Simon Property Group, is buying an expansion franchise in the United Soccer League, a professional league with a player-development agreement with Major League Soccer.
USA Football could be key to getting sport into Olympics
The U.S. Olympic Committee has agreed to make Indianapolis-based USA Football part of its Multi-Sport Organization Council, giving the group access to sports officials that could someday decide to put football in the Olympics.
Pacers ticket prices on secondary market baffling
Although the Pacers have beaten expectations through 14 games and are sitting in position to contend for a top playoff spot in the Eastern Conference, tickets for its games on the secondary market are still fetching some of the lowest prices in the NBA.
Colts aggressively selling season-ticket waiting list
The billboards showing up around town urging Indianapolis Colts fans to join the season-ticket waiting list have nothing to do with the fact that the team has stumbled a few times this year and has largely underperformed.
IndyCar adds additional tethers to improve safety in 2016
Three months after Justin Wilson's death at Pocono Raceway, IndyCar is taking more steps to reduce crash debris and improve safety.
Ex-Colt Freeney OK’d to pursue fraud claims against BofA
Former Indianapolis Colts player Dwight Freeney can proceed with his lawsuit alleging that Bank of America Corp. was complicit in a fraud scheme that caused him to lose more than $20 million, a judge ruled.
Pirates-Reds game at Victory Field already sold out
The Indianapolis Indians said it's the fastest sellout for any event since the 14,200-seat ballpark opened in 1996.
Local golf course operator inks two new deals, hits record growth
With two new deals signed this fall, Green Golf Partners has taken another step toward its goal of operating 50 golf courses and tripling its revenue—to more than $60 million—in the next five years.
MLB’s Pirates and Reds to square off at Victory Field
Major League Baseball is returning to Indianapolis for the first time in more than two decades. Tickets for the April 2 game went on sale Tuesday.
Speedway rolls out $1,750 club seats
If all the seats in the new club area are sold, more than $1.75 million in additional revenue will be generated next year for the Speedway.
Texas A&M sues NFL’s Colts for ’12th Man’ trademark offense
The lawsuit filed in U.S. District Court in Houston is intended to protect the phrase “Home of the 12th Man” and variations of it that the university contends have brought its fan base “national renown.”
IndyCar Series names new senior executive
Hulman & Co. Chief Revenue Officer Jay Frye will replace Derrick Walker as IndyCar Series president of competition and operations. A new hire was made to fill Frye's former job.
NCAA moving March Madness selection meeting from Indy to NYC
Next March's move from Indianapolis is intended to raise the profile of the session with more media exposure for the selection process.
Insurer to be title sponsor of IU Radio Network
The Indiana University Radio Network will have a new name when the men’s basketball team kicks off its season Friday at Eastern Illinois. Ohio-based CareSource has signed a deal with Learfield Sports to be the network’s first title sponsor.
CIB signs pact for $50 million Pacers practice facility
The five-story, 130,000-square-foot St. Vincent Center will be built downtown across the street from Bankers Life Fieldhouse.
Supreme Court upholds former Colt’s ‘jock tax’ victory
The U.S. Supreme Court has rejected an appeal from the city of Cleveland over its formula for taxing visiting athletes. The decision upholds a court victory by retired Colt Jeff Saturday and ex-Bear Hunter Hillenmeyer.